CDS CDS Wiki What is Samo Crypto? Comprehensive Review Of Samoyedcoin Project – 2023
CDS Wiki

What is Samo Crypto? Comprehensive Review Of Samoyedcoin Project – 2023

This article contains a detailed review about SAMO crypto.

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What is Samo Crypto Comprehensive Review Of Samoyedcoin Project - 2023

The popularity of meme coins is increasing day by day. Accordingly, a new one emerges every day. However, SAMO crypto is a well-established meme coin that was launched about 2 years ago. Although it is not considered the ancestor of meme coins, we will examine what is curious about SAMO, which has inspired many of them.

What is Samo Crypto? Comprehensive Review Of Samoyedcoin Project – 2023

Web 3.0 community cryptocurrency Samoyedcoin was developed on the Solana platform. Samoyedcoin, which was inspired by Dogecoin, FTX, and Alameda Research CEO Sam Bankman-Fried, and Solana cofounder Anatoly Yakovenko’s dog, seeks to engage, inform, and build a community for a new wave of crypto market participants.

The Birth of SAMO Crypto

The quick acceptance of the Solana blockchain and, in 2021, the growth of “meme coins” created the ideal environment for Samoyedcoin (SAMO), which was also created in honor of Solana co-founder Anatoly Yakovenko.

SAMO crypto changed from a meme coin to an experimental Web 3.0 community token as a result of realizing the potential of online communities, the benefits of Solana, and the impact dog-inspired currencies have on bringing in new market players, promoting their underlying blockchain, and permeating the contemporary culture. At its foundation, SAMO is a new digital asset that supports a community focused on integrating Solana users, educating market participants, forming relationships, and assisting one another with daily tasks.

When was Samoyedcoin Launched?

The origins of the project coincide with the rise of DeFi projects on Solana. By April 2021, the Samoyedcoin team had studied and embraced the Solana ecosystem and decided to embellish it. Thus, SAMO was born.

Tokenomics

SAMO was established in April 2021 with a maximum supply of 14 billion. Only 4.746 billion SAMO will ever be available since 9.254 billion SAMO, or 66.1% of the total supply, will be burned. In addition, SAMO won’t ever be produced again.

The SAMO token is trading at $0.006137 at the time of writing, according to CoinMarketCap. Although it has been on the rise in the last 24 hours, it is down 44.06% at the time of writing.

Owners of $SAMO and SAMO NFT in their Discord can have special access to VIP channels and events. Holders of both will ultimately gain access to SAMO DAO. Additionally, $SAMO can be utilized on a number of other Solana-based platforms, including Cropper Finance, Orca, Raydium, Solend, Step Finance, and shortly BetDEX.

Where Can SAMO Crypto Be Purchased?

SAMO crypto is based on the Solana infrastructure. Therefore, it can be traded on platforms that support this infrastructure. The centralized and decentralized exchanges where the token can be purchased are as follows:

  • Raydium
  • Orca
  • AAX
  • Bitrue
  • OKX
  • Gemini
  • Kraken
  • Gate.io
  • Serum

SAMO crypto can be easily traded on the exchanges listed above. Moreover, the token is periodically distributed through airdrop events. Thus, you can transfer the cryptocurrency to your wallet for free.

SAMO NFT

On January 31, 2022, Samo NFTs launched their collection of 5,525 randomly produced custom designs. At a mint price of 1 SOL apiece, the entire collection sold out in 7 minutes. Every NFT showcases a sweet Samoyed dog with a variety of distinctive characteristics and as much personality as fluffy white buddies.

Each NFT stands for dedication to educating and onboarding the upcoming Solana users as well as helping those who are building on the Solana blockchain. SAMO NFTs can be purchased on Solanart.io and FTX.US!

What Distinguishes SAMO from its Rivals?

SAMO is more effective, environmentally friendly, and scarce than other “dog-inspired coins,” such as Dogecoin (DOGE) and Shiba Inu (SHIB), with the technological benefits of Solana. They are one of the best kinds of dog-inspired money in the game, which they take great pride in, but want to be more. In addition to being a worldwide community where anybody can join to learn more about the Solana ecosystem and travel through it together, they hope to be an onboarding and marketing tool for the Solana ecosystem.

Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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